Ethics

We are committed to upholding the highest ethical standards in our workplace and in our business dealings. Our values are at the basis of everything we do. They determine our success. They range from working as a team to creating a safe and trustworthy workplace for our employees. At ASM, every decision is an ethical decision.

ETHICALLY-BASED DECISIONS

Every day, our employees have to make decisions that impact on our business, our business partners, our co-workers, and the communities in which we operate. Ultimately, our decisions affect our reputation​ as a company. Even simple decisions can require us to simultaneously consider multiple elements.

We believe that good, ethical decisions are made when adequate information and resources are readily available. At the same time, we want to be explicit. We do not want to leave any doubt as to what we expect in terms of ethical business conduct, which is an integral part of all decision making.

CODE OF BUSINESS CONDUCT

At ASM, we have adopted a Code of Business Conduct that sets out clear standards in different areas of business life. Its purpose is to promote a clear, strong and consistent culture of ethics that applies to our entire workforce around the globe.

ETHICS TRAINING

These ethical standards are necessary. They serve to guide us in making the best possible decisions. But because written standards alone are not sufficient, we also place great emphasis on training our workforce when hired and on a frequent basis. During training sessions, we present our workforce with dilemmas based on examples derived from daily practice. Regular training like this focuses and reinforces the behaviors critical to how we wish to conduct business.

PERSONAL RESPONSIBILITY

As ASM employees, each of us is personally responsible for reading, understanding, embracing and complying with the guidelines set out in our Code of Business Conduct as well as other company policies. We have a duty to personally understand and interpret the standards. What’s more, we are committed to fostering a shared understanding of the standards through open communication and by acting as role models.

SPEAKUP PROCEDURE

We will speak up if we are in doubt about any action or unclear about ASM’s expectations that might conflict with the Code of Business Conduct. We will speak up if asked to engage in conduct that is not consistent with the Code of Business Conduct. We will speak up if we become aware of conduct that is not consistent with the Code of Business Conduct. At any time, ASM employees can seek guidance from their manager, the Human Resources Department or the Global Compliance Officer of our company on ethical matters. In addition, ASM has an independent third-party reporting service that can at any time from anywhere we operate take a confidential report and initiate a process with ASM to resolve.

At ASM, we are proud of our reputation for honest and fair business dealings. We are committed to creating, facilitating and reinforcing the conditions required to safeguard that reputation. To ensure ethics continues to be a part of what we do, our Ethics Committee meets quarterly and reports the company progress to the CEO and CFO.​​​​​​​

​ASM has a procedure for reporting issues with respect to the Code of Business Conduct, including complaints of a financial nature (SpeakUp Procedure, formerly called Whistleblower Policy). Reporting can be done without repercussions if done in good faith. You may send an (anonymous) communication to the Global Compliance Officer at ASM.